Common use of Prior Rights Clause in Contracts

Prior Rights. All intellectual property rights, including without limitation patents, patent applications, copyrights and trade secrets, owned by a party as of the Effective Date shall remain the property of such party and no licenses or other rights with respect to such intellectual property are granted to the other party except as expressly set forth in this Agreement.

Prior Rights. All intellectual property rights, including without limitation patents, patent applications, copyrights and trade secrets, owned by a party as of the Effective Date shall remain the property of such party and no licenses or other rights with respect to such intellectual property are granted to the other party except as expressly set forth in this Agreement and the Technology License Agreement. Without limiting the foregoing, ADA shall own all right, title and interest in and to the ADA Contributed Technology, and Nortel shall own all right, title and interest in and to the Nortel Contributed Technology, subject only to the terms of this Agreement and the Technology License Agreement.